Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Steve Strazza and Alfonso Depablos
The largest insider buy on today’s list comes in a series of Form 4s filed by the chairman and CEO and two directors of B. Riley Financial $RILY.
Between the three of them they made RILY purchases worth a combined $955,293.
by JC
Technology as a sector just closed at a new all-time high.
In other words, half the Nasdaq’s weighting is at a new high. In the S&P500, Tech represents close to 1/3 of the index.
Are you going to make the bet that the one on the bottom is not going to follow the one on top? [Read more…]
From the desk of Steve Strazza @Sstrazza
Our Hall of Famers list is composed of the 150 largest US-based stocks.
These stocks range from the mega-cap growth behemoths like Apple and Microsoft – with market caps in excess of $2T – to some of the new-age large-cap disruptors such as Moderna, Square, and Snap.
It has all the big names and more.
It doesn’t include ADRs or any stock not domiciled in the US. But don’t worry; we developed a separate universe for that. Click here to check it out.
The Hall of Famers is simple.
We take our list of 150 names and then apply our technical filters so the strongest stocks with the most momentum rise to the top.
Let’s dive right in and check out what these big boys are up to.
by David
From the Desk of Steve Strazza and Alfonso Depablos
The largest insider buy on today’s list comes in a Form 4 filing by Sylebra Capital Ltd
The investment firm revealed an additional purchase of Impinj Inc $PI shares with a total value of $3,837,826. [Read more…]
From the Desk of Steve Strazza @Sstrazza
When investing in the stock market, we always want to approach it as “a market of stocks.”
Regardless of the environment, there are always stocks showing leadership and trending higher.
We may have to look harder to identify them depending on current market conditions. But there are always stocks that are going up.
The same can be said for weak stocks. Regardless of the environment, there are always stocks that are going down, too.
We already have multiple scans focusing on stocks making all-time highs, such as Hall of Famers, Minor Leaguers, and the 2 to 100 Club.
We filter these universes for stocks that are exhibiting the best momentum and relative strength characteristics.
Clearly, we spend a lot of time identifying and writing about leading stocks every week, via multiple reports.
Now, we’re also highlighting lagging stocks on a recurring basis.
by David
From the Desk of Steve Strazza and Alfonso Depablos
The largest insider buy on today’s list comes in a Form 4 filing by Baker Bros Advisors LLC.
The hedge fund revealed a purchase of Madrigal Pharmaceuticals, Inc $MDGL worth $23 million.
by JC
This is a raging Bull Market in stocks.
Seasonal strength is kicking in, right in time.
We’ll be discussing this all on Monday night @ 6PM ET during our LIVE Conference Call. Premium Members can Register Here.
Sector rotation is the lifeblood of a bull market. This cycle is clearly no different.
And breadth expansion reigns. Remember all these angry people telling you how Small-caps were going to drag the rest of the market lower?
It’s actually been the exact opposite.
All of this is perfectly normal. Take the time to go back and see for yourself. [Read more…]
by David
This is the video recording of the November 15, 2023, Hot Corner Insider Weekly Strategy Session.
